Browse By Tags

If you provide taxable benefits or benefits in kind (BIKs) to your employees, for example, company cars or medical insurance, you need to calculate the cash equivalent of each benefit and calculate any Class 1A NI due on these. You must submit this information…

Hello, We are going through our 2022 T4s and realized that we were not including a taxable benefit on the employee's pay cheque. We created the taxable benefit in Sage however we are unable to adjust the last pay in 2022 as the pay code does not show…

If you provide taxable benefits, such as company cars or medical insurance to your employees, you need to submit a P11D form to HMRC at the end of each tax year. With Sage 50 P11D, you can produce and submit the required reports and manage your taxable…

In July each year, employers are required by HMRC to submit information about benefits in kind received by their employees. This includes benefits that are subject to a taxable charge and, or, Class 1A National Insurance contributions (NICs). With Sage…

Hi all, We have an employee who was offered a company cell phone, but refused because he had an unlimited plan. He was offered a reimbursement for part of his cell phone bill as he uses it for business purposes. We have recently realized that because…